T. 860-662-6493 text | call
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Presented by Mary Vi Homes Connecticut
ViBergman, LLC
Licensed in CT as ViBergman, LLC Real Estate Connecticut

645 Burnside, East Hartford, CT

$1,098,888

10 bedrooms9 full bathrooms5,846 square feet
T. 860-662-6493 text | call
Hello@MaryViHomes.com
Mary Vi crest
645 Burnside, East Hartford, CT

Overview

9.4% ROI | 7.7% CAP RATE | 9-UNIT MIXED-USE INVESTMENT OPPORTUNITY! Positioned along East Hartford's active Burnside Avenue corridor, 654 Burnside Avenue offers investors a diversified income stream with one cafe plus eight residential units consisting of one 2-bedroom, three 1-bedroom apartments and four studios. The cafe pays its own gas and electric, helping reduce ownership expenses, while ample on-site parking adds convenience for both residential and commercial tenants. Recent property improvements include a new front porch, front entry doors, central boiler and hot water heater and select replacement windows. With a combination of commercial and residential income, strong visibility along Burnside Avenue, access to public transportation and proximity to neighborhood retail and services, this property presents an attractive opportunity to acquire a cash-flowing mixed-use asset. Multiple income streams. Ample parking. Strong returns. One investment.

Property Details

MLS Number 24205669
List Price 1098888
Status Active
Property Type Multi-Family For Sale
Property Sub Type Other
Beds Total 10
Baths Full 9
Baths Half 0
Total Rooms 18
Acres 0.31
Year Built 1903
Living Area SQFT Per Public Record 5846
Style Units on different Floors,Units are Side-by-Side
Basement Description Full,Full With Walk-Out
Fireplaces Total 0
Heat Type Hot Water
Heat Fuel Type Other
Cooling System Window Unit
Water Source Public Water Connected
Sewage System Public Sewer Connected
Direct Waterfront YN 0
Waterfront Description Not Applicable
Days on Market 38
T. 860-662-6493 text | call
Hello@MaryViHomes.com
Mary Vi crest
645 Burnside, East Hartford, CT

If you are interested in this property or would like to learn more, please contact Mary Vi Homes Connecticut at Hello@MaryViHomes.com or by calling 860-662-6493.